1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
trapecia [35]
3 years ago
7

Before you started applying for college, a job recruiter offered you a full-time cashier position at a department store, earning

an after-tax salary of $24,000 per year. However, you turn down this offer and attend your first year of college. The additional monetary cost of college to you, including tuition, supplies, and additional housing expenses, is $38,000.You decide to go to college, probably because:_______
Business
1 answer:
anygoal [31]3 years ago
3 0

Answer:

Because as an individual or person i value a year of college at more than $62,000

Explanation:

Solution

Because a year of college at more than $62,000  is valuable or important to me.

It is important to know that the total opportunity cost of attending the first year of college is the total of the lost earning and additional monetary cost of college.

Since you expect that college education is going to give you a greater economic earnings then you are valuing college education in the first year more than $63,000 which is its opportunity cost .

You might be interested in
If the fed wants to _______ the money supply, it discourages bank loans.
scoray [572]
<span>This would be a way to lower the money supply. By discouraging bank loans, there becomes fewer overall dollars in the hands of the general public. Fewer dollars held by people overall equals a smaller overall money supply. Bank loans to the public would be a way of increasing the money supply, in the opposite instance.</span>
5 0
3 years ago
Is an<br> emerging green career dedicated to the discovery of energy using the sun as its source
KatRina [158]
Yes it is a discovery
7 0
3 years ago
Blinding Light Co. has a project available with the following cash flows: Year Cash Flow 0 −$33,790 1 8,210 2 9,890 3 14,120 4 1
oksano4ka [1.4K]

Answer: 20.15%

Explanation:

The IRR is the discount rate that makes brings the Net Present Value to zero.

It can be solved for by various means including using Excel as shown in the attached file.

Year 0      -33790

Year 1        8,210

Year 2       9,890

Year 3       14,120

Year 4       15,930

Year 5       10,820

= IRR (-33,790 , 8,210 , 9,890 , 14,120 , 15,930 , 10,820 )

= 20.15%

4 0
3 years ago
Suppose that households became mistrustful of the banking system and decide to decrease their checking account balances and incr
Talja [164]

Answer: The equilibrium interest rate should A. increase.

Explanation: The demand curve for money shows the quantity of money that is demanded at a given interest rate. The money supply model shows the money supply that is set at a given interest rate. If there is an increase in interest rates the equilibrium rate will increase to adjust for the rising rates.

7 0
3 years ago
PLEASE HELP
Lerok [7]

The answer is: A savings account keeps her savings separate from her spending money

This would help Jacinta in her money management. By restricting her spending to the amount only in the checking account, It would be easier for Jacinta to monitor how much money he could spend during the month without compromising the saving that she need to made for her retirement age.

5 0
3 years ago
Read 2 more answers
Other questions:
  • The owner of a small business borrowed $70,000 with an agreement to repay the loan with quarterly payments over a five year time
    12·1 answer
  • For the past 5 months Kaia's gift shop had these profits or losses: –$120, $85, –$60, –$35, and $40.
    9·2 answers
  • The ups store's advertising "what brown can do for you" whiteboard campaign tells business consumers that when it comes to getti
    6·1 answer
  • Sarah is delivering a presentation on time management in the workplace. Each slide consists of not more than four to five points
    15·1 answer
  • An exclusion of all products from certain countries or companies by a government or group is called a(n):
    13·1 answer
  • You own a portfolio that has $3,300 invested in Stock A and $4,400 invested in Stock B. Assume the expected returns on these sto
    8·1 answer
  • When marketers consider the defection rate of a market segment, what behavior are they calculating?
    8·1 answer
  • private markets fail to provide the optimal amount of some good such as public firework displays because
    12·1 answer
  • Identify three ways you can group customers into market segments?
    10·2 answers
  • Drag the tiles to the boxes to form correct pairs.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!